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[CNA] 2022 will be difficult for the economy, banks and borrowers, SYPRODAT President tells CNA

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In an interview with CNA, Costas Melas, President of the Association for the Protection of Bank Borrowers (SYPRODAT), refers to the challenges of 2022 for the economy, banks and borrowers, stressing that "what is required from all banks is a proper strategic planning for the needs to adapt to the new environment of challenges, so that they remain viable".

At the same time, he refers to "dozens of complaints" involving banks, Credit Acquisition Companies and Management Companies that they are not cooperating on viable restructurings, not removing over-indebtedness and threatening borrowers with the sale of their properties, and calls on borrowers to use the Complaints procedure to file a complaint with the Financial Ombudsman. At the same time, he stresses the need for proper strategic planning by the responsible
(CNA)

CNA - Kostas Stavrinos
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